CFP Board

The chairman-elect in 2022 is preparing to deal with the changes that come with a new presidential administration.

Adjustments to the organization’s sanction guidelines and procedural rules are the latest step in its ongoing enforcement overhaul.

The nonprofit is serious about weeding out bad actors among CFP holders, writes Tom Sporkin, the official hired to run its compliance efforts.

The nonprofit's response to the scathing criticism of the Independent Task Force on Enforcement was to protect its own executives at the expense of benefiting investors, writes Allan Roth.

RBC names new complex directors, Commonwealth added a $200 million team, an ex-advisor is serving 33 months for elder fraud, and other news from the week in financial advice.

The update is a step forward to being more inclusive of individuals who don’t identify as male or female.

The change will affect continuing education immediately and certification examinations starting in March 2022.

Keith Beverly, one of a handful of Black CFP-CFA holders, is pushing to mint more.

More than three-quarters of those who passed the test studied at least 10 hours-per-week, according to a recent study.

A new committee staffed by CFP pros and others is tasked with refreshing what consequences advisors will face for failing to comply with the board’s standards.

The systems are expected to be updated by the end of April, following calls from financial advisors on social media to make a change.

Even as the numbers improve, Black and Hispanic advisors are still vastly underrepresented within the industry.

One thing was made clear at the annual event: There’s more work to be done.

Necessary new approaches include better cultural understanding, more flexibility for new entrants and more outreach, advisors and executives say.

The more out-of-left-field the change, the more profound the lesson learned, our columnist has found in the corporate and individual practice realms.

Here are prep techniques and resources for candidates taking a test that can seem daunting.

Director tenures, nominations and committees are changing after an independent task force identified weaknesses.

Financial advisors can help the country’s increasingly diverse population, but we must fully realize our vision of recruiting more young and racially diverse talent.

Industry groups warn of creeping fiduciary obligations, while consumer advocates see it as a setback for investor protections

The widespread popularity of the compensation descriptor, long ballyhooed by RIAs, ultimately proved problematic for the CFP Board which has updated its standards.